Nesma and ReAya Partner with Turkish Eye Hospital Chain for Global Expansion

Nesmal has announced it has partnered with ReAya Holding to invest in a Turkish eye hospital chain Avrupagöz. The hospital chain currently has 14 branches throughout Turkey, with plans to open new clinics in Saudi Arabia, Turkey, Iraq, Azerbaijan and Turkmenistan.

The stake held by Nesmal and ReAya, which amounts to 50% of the company, was acquired for nearly 23.6 million US Dollars. 

Nesmal is Nesma Holding’s investment arm in Turkey and Egypt, and is tasked with the responsibility of overseeing Nesma’s various investments in the two countries.

ReAya Holding is a Jeddah-based investment firm that specializes in the health care and life sciences industry. ReAya Holding invests in companies that require growth capital for expansion organically or through acquisitions, and helps them formulate growth strategies and execute turning around initiatives at the operational level. ReAya Holding also undertakes, in partnership with other institutional investors, selected greenfield projects aimed at addressing existing or emerging business opportunities in the GCC, MENA region and Turkey

NW&E Awarded SR310 Million Contract for KAEC Infrastructure

Nesma Water & Energy (NW&E) has announced it has been awarded a contract valued at 310.8 million Saudi Riyals by King Abdullah Economic City (KAEC) to build the infrastructure for an area known as the Industrial Valley. 

The construction work, scheduled to take 12 months, covers key water and power infrastructures. The scope of work for water networks consists of potable water, sewage water, treated sewage, irrigation network, fire fighting network and storm water drainage. Planned power utilities are comprised of low voltage, medium voltage and telecommunications networks, as well as transformers and light poles.

NW&E is an Engineering, Procurement and Construction (EPC) contractor, and an operation & maintenance service provider, in the water and energy sectors. NW&E offers its services in the following areas of expertise:

• Desalination Plants
• Water & Wastewater Treatment Plants
• Storm-water Drainage Systems
• Concrete Steel Reservoirs
• Power Plants
• Transmission Systems
• Operation & Maintenance
• Sludge and Solid Waste Re-use

Nesma Sponsors Jeddah Desert Rally 2014

Nesma Holding has announced it is to participate as a “platinum sponsor” of the Jeddah Desert Rally 2014, which is to be held from Jan. 30 to Feb. 1, 2014. 

Held under the patronage of His Royal Highness Prince Mishaal bin Majed, Governor of Jeddah, and supervised by the Saudi Automobile Federation, Jeddah Desert Rally 2014 will feature a total of 30 cars in the T1 and T2 categories according to International Automobile Federation (FIA) classification, in addition to 20 motorcycles in different categories. Two T4 category trucks will also participate at the Jeddah Desert Rally, a first in the history of rallies in the Kingdom.

Nesma & Partners and Nesma Trading Awarded SR1 Billion Saudi Aramco Contracts

Nesma & Partners Contracting Co. Ltd. and Nesma Trading have announced they will cooperate on three projects awarded by Saudi Aramco for a total value of 1 billion Saudi Riyals. The contracts require site development, facilities construction, and the operation & maintenance of a new Saudi Aramco compound in the Eastern Region of the Kingdom.

Nesma & Partners will initiate the projects with site development of roads, street lighting and fences. The first phase will be followed by the building of accommodations and recreational facilities, as well as various support buildings such as security buildings, a fire station, a clinic, and fuel station with vehicle maintenance. Major operational facilities will include a power generation plant, power distribution system, a seawater reverse osmosis plant and a sewage treatment plant.

During the third phase Nesma Trading will provide operation & maintenance services for a period of 60 months. By providing specialized support services such as facility management, dining services and facility maintenance, Nesma Trading will also play a major role in the first and second phases of the project.  

Nesma & Partners is an award-winning Saudi company that has become a recognized leader in reliability and innovation for mega projects across the Kingdom in the fields of civil & building, oil & gas, petrochemicals, power and water.

Nesma Trading is a trading and support services company comprised of eight divisions:

1. 
   Construction
2. Facility Management 
3. Technical Systems 
4. Business Ventures 
5. Banqueting & Events
6. Security Services
7. Steel Fabrication & Erection
8. Travel & Tours

Nesma Catering Grabs 22 Medals in Saudi HORECA 2013

1. Construction
2. Facility Management 
3. Technical Systems 
4. Business Ventures 
5. Banqueting & Events
6. Security Services
7. Steel Fabrication & Erection
8. Travel & Tours

Nesma Participates in 8th Meeting of Investment Advice Council in Turkey

Nesma & Partners to Build Infrastructure for Riyadh Metro

Nesma Sponsors 15th Annual Group Marriage

Nesma Sponsors 10th Jeddah Marathon